The energy sector ETF has been consolidating between $80 and $100 since mid-2022 and is nearing key resistance, which could confirm a multi-year breakout.
Chevron has finalized a $525 million deal to sell a 70% stake in its East Texas natural gas assets to TG Natural Resources LLC, backed by Tokyo Gas and Castleton Commodities.
On the last trading day of calendar Q1, major indexes were mixed. The Dow, which first tested a 6-month bottom, finished up exactly +1.00%, or +417 points — resulting in a more than 900-point swing.
Led by big oil giants Chevron and Exxon Mobil, the energy sector has risen +8% year to date compared to the benchmark S&P 500’s broader decline of -6%.
Energy stocks dominated Q1 of 2025, while Tech and Consumer Discretionary suffered. Energy giants Chevron and Exxon had solid performances. Some Tech stocks shined.
President Donald Trump has expressed fury over recent remarks by Russian President Vladimir Putin suggesting Ukrainian President Volodymyr Zelenskyy should be replaced.
Defensive and value-oriented sectors are beginning to outperform, while high-growth areas—particularly technology, semiconductors, and AI—have come under pressure. Here are two stocks that could be heating up while the AI space cools down.
